Ooredoo Maldives reports MVR471m revenue in 2022 third quarter

Ooredoo Maldives reports revenue of MVR471.2 million in 2022 third quarter.

According to the company, it earned MVR363 million in mobile revenue and another MVR107 million in fixed and broadband services.

The telecommunication and internet service provider confirms its earnings increased by 1.2% in the review quarter when compared with 2022 second quarter.

Revenues of the company increased by 6.6% on a year-on-year basis, while Ooredoo reported a net profit of MVR127.2 million which is a 27% profit margin.

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